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Notes to the Consolidated Financial Statements
31st March 2015
27 SHARE CAPITAL AND SHARE OPTION SCHEME
Company
2015 2014
Number of Number of
shares HK$’000 shares HK$’000
Authorised:
Ordinary shares of HK$0.10 each 800,000,000 80,000 800,000,000 80,000
Issued and fully paid:
Ordinary shares of HK$0.10 each
At the beginning of the year 580,093,720 58,009 580,093,720 58,009
Repurchase of the Company’s own shares (726,000) (72) – –
At the end of the year 579,367,720 57,937 580,093,720 58,009
On 21st August 2003, the Company adopted a share option scheme under which it may grant
options to eligible persons, including employees and directors of the Group, to subscribe for shares
of the Company. Such scheme expired on 21st August 2013 and there was no share option scheme
subsequent to the expiration.
On 11th May 2010 and 27th August 2010, totally 40,810,000 share options were granted to eligible
persons and such share options had been fully exercised/lapsed in prior years.
ALCO HOLDINGS LIMITED ANNUAL REPORT 2015 85